Announced Wed, 22 Jul · 15:57 IST
IDBI Bank: Two directors confirmed as Independent Directors
Management Changes View source PDF
IDBI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹86.01
prior close
₹85.12
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.8-0.1+0.0-1.5-2.0————————
Up moveDown movePending
AI summary
IDBI Bank's 22nd AGM on July 21, 2026 approved the appointment of two Additional Directors as Independent Directors via Special Resolution. Abhijit Chakravorty (DIN 09494533) appointed for 2 years from May 19, 2026, and Ketan Vikamsey (DIN 00282877) appointed for 2 years from June 26, 2026. Both are not liable to retire by rotation, under the Companies Act 2013 and Banking Regulation Act 1949.
Likely market impact
Routine board formalisation. Two Independent Directors confirmed for 2-year terms. No material impact on shareholders expected.